Results 11 to 20 of about 55,381 (305)
The cost of fiscal austerity: A synthetic control approach
Purpose: This paper analyses economic and social impact of fiscal austerity policies on economic growth and income distribution. In response to the European public debt crisis, austerity measures were implemented in 2010 to decrease the budget deficit ...
Lorena Škuflić +2 more
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FISCAL AUSTERITY POLICY IMPACT ON WELFARE
The ongoing global financial and economic crisis has caused a dramatic fall in growth, increased deficit, higher unemployment rates and strong price fluctuations.
Romina Pržiklas Družeta +1 more
doaj +4 more sources
External competitiveness and the role of fiscal policy: does fiscal austerity matter?
During and after the sovereign debt crisis that hit most of the EU member states after the Great Recession, the question of the effectiveness of fiscal policy vis-à-vis ensuring sustainable growth rates and changing the economic structure of member ...
Boris Cota +2 more
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The Myth of Expansionary Fiscal Austerity [PDF]
Recently governments, economists, and international financial institutions have been debating the merits of further fiscal stimulus to combat the Great Recession versus fiscal austerity or "adjustment" -- that is, higher taxes and/or lower government ...
Dean Baker
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Alternatives to Fiscal Austerity in Spain [PDF]
This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative ...
Juan Antonio Montecino, Mark Weisbrot
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Is fiscal austerity really self‐defeating? [PDF]
AbstractThis paper analyzes local and global equilibrium dynamics in an optimizing endogenous growth model under expenditure‐based fiscal austerity feedback policies expressed relative to the private capital stock—prescribing spending cuts in reaction to public debt accumulation.
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Does Fiscal Austerity Affect Public Opinion? [PDF]
In this paper we explore the impact of fiscal austerity on three different dimensions of public opinion (overall life satisfaction and confidence, attitude towards national authorities, and European institutions). Based on a panel of 26 EU countries, we find that, overall, fiscal consolidation episodes tend to have little and inconsistent impact on our
Stracca, Livio, Kalbhenn, Anna
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Voter Responses to Fiscal Austerity
AbstractGovernments have great difficulties designing politically sustainable responses to rising public debt. These difficulties are grounded in a limited understanding of the popular constraints during periods of fiscal pressure. For instance, an influential view claims that fiscal austerity does not entail significant political risk.
Evelyne Hübscher +2 more
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Liquidity traps and expectation dynamics: Fiscal stimulus or fiscal austerity? [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jess Benhabib +2 more
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Fiscal Austerity during Debt Crises
This paper constructs a dynamic model in which fiscal restrictions interact with government borrowing and default. The government faces fiscal constraints; it cannot adjust tax rates or impose lump-sum taxes on the private sector, but it can adjust public consumption and foreign debt.
Cristina Arellano, Yan Bai
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